The Official Website Of Smart Trade Cfd Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-18 Italy CONSOB Adds Smart Trade Cfd To The Warning List
On July 18, 2022, The Italian National Securities And Exchange Commission (CONSOB) Issued A Warning That Smart Trade Cfd Provides Financial Services In Italy Without Authorization. You Can Visit The Following Website For Details: Https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
2022-07-19 We Have Reviewed And Confirmed That Smart Trade Cfd Is An Unregulated Forex Broker
Smart Trade Cfd Claims To Be A Regulated Broker And Provides A License Number On Its Website, But Does Not Mention Which Regulator It Is Regulated By. Due To The Lack Of Such Important Information, It Is Difficult To Verify The Authenticity Of Its Regulation.
Smart Trade Cfd Also Claims That Its Company Is Located In Estonia. We Then Searched For The Estonian Financial Supervisory Authority (Estonia FSA), But Did Not Find A Match For This Broker In This Regulator. This Means That Smart Trade Cfd Is An Unauthorized Provider Of Financial Services In Estonia.
Furthermore, The Italian National Securities And Exchange Commission (CONSOB) Has Issued A Warning That Smart Trade Cfd Is Not Authorized To Provide Financial Services In Italy.
The Fact Is That Smart Trade Cfd Is Not Regulated By Any Regulatory Body. It Is Not Safe To Have This Dealer Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Smart Trade Cfd Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Smart Trade Cfd As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
